Problem - On September 1, Boylan Office Supply had an inventory of 35 calculators at a cost of $12 each. The company uses a perpetual inventory system. During September, the following transactions occurred.
Sept. 6 Purchased with cash 95 calculators at $24 each from Guthrie Co..
Sept. 9 Paid freight of $95 on calculators purchased from Guthrie Co.
Sept. 10 Returned 3 calculators to Guthrie Co. for $75 credit (including freight) because they did not meet specifications.
Sept. 12 Sold 28 calculators costing $25 (including freight) for $33 each to Lee Book Store, terms n/30.
Sept. 14 Granted credit of $33 to Lee Book Store for the return of one calculator that was not ordered.
Sept. 20 Sold 31 calculators costing $25 for $33 each to Orr's Card Shop, terms n/30.
Journalize the September transactions.